Berkshire Capital Holdings Inc. Has $16.66 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Berkshire Capital Holdings Inc. raised its position in shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM - Free Report) by 27.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 84,360 shares of the semiconductor company's stock after buying an additional 18,030 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 6.0% of Berkshire Capital Holdings Inc.'s portfolio, making the stock its 4th largest position. Berkshire Capital Holdings Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $16,660,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. iA Global Asset Management Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 21.6% in the 4th quarter. iA Global Asset Management Inc. now owns 82,812 shares of the semiconductor company's stock valued at $16,355,000 after purchasing an additional 14,710 shares during the period. Talos Asset Management LP bought a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $44,040,000. GM Advisory Group LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 2.6% in the fourth quarter. GM Advisory Group LLC now owns 10,731 shares of the semiconductor company's stock valued at $2,119,000 after acquiring an additional 276 shares during the period. Glynn Capital Management LLC lifted its position in Taiwan Semiconductor Manufacturing by 10.1% in the fourth quarter. Glynn Capital Management LLC now owns 111,333 shares of the semiconductor company's stock worth $21,987,000 after purchasing an additional 10,178 shares during the period. Finally, Bestgate Wealth Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $452,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

Several research firms have issued reports on TSM. Needham & Company LLC reiterated a "buy" rating and set a $225.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, February 18th. StockNews.com cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Tuesday, January 28th. Finally, Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $220.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock traded down $0.89 during trading on Friday, reaching $176.58. 9,972,839 shares of the company's stock were exchanged, compared to its average volume of 15,054,059. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $915.81 billion, a PE ratio of 25.08, a PEG ratio of 0.66 and a beta of 1.13. Taiwan Semiconductor Manufacturing Company Limited has a twelve month low of $125.78 and a twelve month high of $226.40. The firm's fifty day moving average price is $195.68 and its 200-day moving average price is $192.33.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.6855 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 1.55%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Thursday, June 12th. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 30.68%.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.